answersLogoWhite

0


Best Answer

i) If salary is less than 10,000 then no tax deduction and 4% of salary will be deducted as Well-fare fund every month.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: If salary is less than 10000 then no tax deduction and 4 percent of salary will be deducted as Well-fare fund every month?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which country has deducted 30 percent of salary of parliamentarians?

Britain


Is minimum wages the lowest basic pay on which pf is to be deducted?

Pl. tell me minimum basic salary/wage for pf deduction


What is the rate of tds?

TDS Means Tax Deduction At Source .... Tax is the applicable Rate is to be deducted from the salary from the employee at the time of paying/ crediting the salary.... TDS rate is Depending on Basic amount ...


Ifshe gets 2575 a month and 33 percent is deducted for income tax.How much money is deducted from her salary for income tax each month?

No


What is tax deducted source journal entry?

Tax deduction at source in respect of share brokerage house


Is provident fund a part of direct wages or an overhead?

Pf deduction from your direct wage direct wage-your basic salary (12 percent deduction from employee,13.61 from employer).


Gross salary in India?

gross salary=net salary+deduction


How many percentage of TDS deducted from Salary?

what is the percentage of tds on salary ?


How much is left after 24815.00 in taxes is deducted from an annual salary of 83500.00?

How much is left after 24815.00 in taxes is deducted from an annual salary of 83500.00?


How much the amount were deducted from your salary by the name of pf?

Usually it is 12% of your basic salary


What is consolidated salary?

It is a Gross salary which have no any deduction such as EOBI,PF,and medical. when it deduction from gross salary is called net salry. Regards,umar shahzad Gujjar M.COM


What was the percentage of pf deduction in India after 1952?

12% of your basic salary is deducted as PF every month and remitted with your EPF account. This amount will be given to you either when you retire or when you resign from your job. You can also withdraw it for certain occasions in between